Re: Off-Shore Oil and the Environmental Patient

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Subject Author Date
Re: Off-Shore Oil and the Environmental Patient Ron Peterson 07-17-2008
Posted by Ron Peterson on July 17, 2008, 10:04 am
> See if we can get some fresh blood in on this . . .

> > How totally whacko can it get? Every time the issue of offshore
> > drilling and ANWR comes up, the first thing we hear screamed from the
> > tortured souls of the environmentally "conscious" is that any benefit
> > from such increased exploitation of domestic reserves can be nothing
> > in the short term and will amount to no more than a drop in the barrel
> > in the end.

Do you have any recommendations companies to invest in?

--
Ron



Posted by hhc314@yahoo.com on July 17, 2008, 4:24 pm
>
> > See if we can get some fresh blood in on this . . .
> > > How totally whacko can it get? Every time the issue of offshore
> > > drilling and ANWR comes up, the first thing we hear screamed from the
> > > tortured souls of the environmentally "conscious" is that any benefit
> > > from such increased exploitation of domestic reserves can be nothing
> > > in the short term and will amount to no more than a drop in the barre=
l
> > > in the end.
>
> Do you have any recommendations companies to invest in?
>
> --
> =A0 =A0Ron

Just as a suggestion, but you may want to check out Seismic Services
Corporation or Birdwell, They are a division of this firm:

http://www.slb.com/

The also own a firm named Birdwell, which makes well loging recorders,
little boxes that accuarately predict the potential yield of a old
well before the government allows it to be capped. I belive that both
of these American firm names have been dropped since their aquisition,
but you look at the list of services that the firm currently offers,
there are two categories that you can fit the original names.

Why do I know about this you may ask. It suffices to say that during
earlier years I sent quite a bit of time in Tulsa while on the job.

Both of these firm maintain very precise engineering record of every
oil field that they have seismically mapped, or wells that they have
logged.

If any firm has a record how were oil is to be found, or the
quantities, you might want to consider intestment in this outfit,
because their records read like a classical treasure map.

Ron, if you manage to catch a piece of this action, do the right thing
and simply pay me 5% of your profits as my finder's fee! :-)

Harry C.










Posted by hhc314@yahoo.com on July 17, 2008, 5:03 pm
>
>
> > > See if we can get some fresh blood in on this . . .
> > > > How totally whacko can it get? Every time the issue of offshore
> > > > drilling and ANWR comes up, the first thing we hear screamed from t=
he
> > > > tortured souls of the environmentally "conscious" is that any benef=
it
> > > > from such increased exploitation of domestic reserves can be nothin=
g
> > > > in the short term and will amount to no more than a drop in the bar=
rel
> > > > in the end.
>
> > Do you have any recommendations companies to invest in?
>
> > --
> > =A0 =A0Ron
>
> Just as a suggestion, but you may want to check out Seismic Services
> Corporation or Birdwell, They are a division of this firm:
>
> http://www.slb.com/
>
> The also own a firm named Birdwell, which makes well loging recorders,
> little boxes that accuarately predict the potential yield of a old
> well before the government allows it to be capped. =A0I belive that both
> of these American firm names have been dropped since their aquisition,
> but you look at the list of services that the firm currently offers,
> there are two categories that you can fit the original names.
>
> Why do I know about this you may ask. =A0It suffices to say that during
> earlier years I sent quite a bit of time in Tulsa while on the job.
>
> Both of these firm maintain very precise engineering record of every
> oil field that they have seismically mapped, or wells that they have
> logged.
>
> If any firm has a record how were oil is to be found, or the
> quantities, you might want to consider intestment in this outfit,
> because their records read like a classical treasure map.
>
> Ron, if you manage to catch a piece of this action, do the right thing
> and simply pay me 5% of your profits as my finder's fee! =A0:-)
>
> Harry C.

Just out of curiousity, many readers with backgounds in electronics
realize that after Daystrom, Shhumberger owned Heathkit in its later
years. It was years later that I found out what the focus of
Schlumberger's major line of business was. Heathkit is now history,
but even to this day Schlumberger was such a major player that I still
wonder what they interest in Heathkit (now history) really was. If
anybody knows, I would love to learn the entire story.

The problem here is that Heathkit was a very minor player in the
global scene, although it had many fans like myself who started
building Heathkits whil still in junior highschool. I still have at
lest 8 Heatkid test instruments sitting atop my workbench. I pretty
much know the entire history of Heathkit until Schlumberger purchased
the firm. Still, I have no real idea why a major global firm like
Schlumberger purchased the firm, except perhaps to obtain their
customer mailing database. The dropped Heathkit into the toilet about
5 years after purchasing the firm.

Maybe a long shot, but shortly after the acquisiton I began to receive
letters promoting joining the technical team at Schlumberger. Perhaps
they only had purchased Heathkit as an employee recuiting tool? I had
purchase a Heathkit multimeter kit while in middle school, and their
first Grid Dip Meter and OM-3 somewhere before graduation from
highschool. I found that many of my friends that had built and owned
Heatkits had received similar letters. Here it is my simple
speculation that Schlumberger was trying to obtain job candidates that
had begun their interest in electronics at a very early age, and were
now pursuing college degrees in entgineering and physics. Now this may
be totally incorrect, but what other reason did Schlumberger have to
purchase Heathkit from Daystrom, because Heathkit was already in its
death throws as the dumbing down of America, and becaue you could now
purchase cheap oriental goods that could perform the function of the
Heathskits, without having the skill to construct one.

If I remember correctly, about the time that I earned my BS, HP was
pitching the recruitment that if you want to start your own company,
please come and speak with us first. In retrospect, it was a funny
time.

Harry C.


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